China is counting on its 1.4 billion consumers to help cushion the blow from Donald Trump’s tariffs. But that strategy is running into a wall of uncertainty, with millions of factory jobs at risk.

Advanced Micro Devices Inc., Nvidia Corp.’s closest rival in artificial intelligence processors, said that US restrictions on sales to China will cost $1.5 billion in revenue this year, a warning that clouded an otherwise upbeat outlook.

Super Micro Computer Inc. gave a sales forecast in the current period that fell short of estimates, disappointing investors after the server maker last week released lackluster preliminary quarterly results for the previous quarter.

Google last year began offering some artificial intelligence firms a way to anchor chatbot responses in its search results, but still reserves key features for its own AI service, Gemini, a company executive testified.

Instagram’s automated software systems recommended that child “groomers” connect with minors on the app, making it easier for them to find victims, according to a 2019 internal document presented in court by the Federal Trade Commission.

Oil pushed higher after rallying more than 3% in the previous session as the US and China agreed to start trade negotiations, raising optimism that tensions between the world’s two biggest economies may ease.

Pakistan said it shot down five Indian airplanes and took Indian soldiers prisoner in retaliation to Indian military strikes early Wednesday.

US equity-index futures rose and the dollar strengthened on confirmation of trade talks between the US and China, spurring optimism that trade tensions between the world’s two largest economies may tamp down.

"Bloomberg Markets" follows the market moves across every global asset class and discusses the biggest issues for Wall Street. Today's guests; Ida Liu, Global Wealth Management, Raj Ganguly, B Capital, John Koudounis, Calamos Investments, Victor Khosla, Strategic Value Partners, Stephanie Rawlings-Blake, Former Baltimore Mayor, John Chambers, JC2 Ventures, Armen Panossian, Oaktree Capital, Stephanie Drescher, Apollo, Mary Pang, Cambridge Associates, Emmanuel Roman, PIMCO, Eric Martel, Bombardier, Matt Gibson, Goldman Sachs Asset Mgmt, Helmy Eltoukhy, Guardant Health, Ken Kencel, Churchill Asset Management, Olivia Albrecht, Artemeter, Jill Popelka, Dark Trace CEO, Jason Kelly, Bloomberg Opinion. (Source: Bloomberg)

National Australia Bank Ltd.’s earnings topped analyst expectations in the first half of the year as the firm’s key unit of lending to businesses grew, despite continued pressure on margins.